226
226
Oct 12, 2012
10/12
by
FOXNEWSW
tv
eye 226
favorite 0
quote 0
jfk, ronald reagan, george w. bush, all of them tax rates, and the end result was a an increase in money flowing to the treasury. revenues went up when tax rates went down. joe biden was wrong. jamie: stu varney doing fact check for us this morning. bill: last night the twitter verse was going nuts. the thing was going to explode if it went more. that line was the most tweeted comment last night. one minute after the line about jack kennedy, 58,000 tweets. that is what was going on out there. jamie: it is a talker. bill: we're just getting started. some on the right feeling vice president biden interrupted congressman ryan too much. we'll can the romney team this morning about all the morning after. jamie: sarah palin knows exactly what it is like to debate joe biden. ahead we'll get her reaction. bill: vice president's biden and laffer and facial expresses getting a lot of headlines. did ha help or hurt his campaign. mike huckabee here to weigh in on that. >> this is a bunch of stuff. jamie: what does that mean,
jfk, ronald reagan, george w. bush, all of them tax rates, and the end result was a an increase in money flowing to the treasury. revenues went up when tax rates went down. joe biden was wrong. jamie: stu varney doing fact check for us this morning. bill: last night the twitter verse was going nuts. the thing was going to explode if it went more. that line was the most tweeted comment last night. one minute after the line about jack kennedy, 58,000 tweets. that is what was going on out there....
229
229
Oct 12, 2012
10/12
by
CNNW
tv
eye 229
favorite 0
quote 0
>> ronald reagan. >> now you're jack kennedy? >> and tax cuts and auto bailout and those are big issues that got really heated between joe biden and paul ryan at last night's vice presidential debate so i immediately thoughthe person i would have to call on this to fact check it would be christine romans and she was available. thank you. so here's the deal. it just stands to reason that they both seem to say something with such confirmation in their voices and it's hard to say how this can be different. >> it's politics, my friend. talk taxes because i keep hearing this 20% across the board tax cut and then i hear the counterclaim, you can't pay for that. the math doesn't work. >> you can't make the math work. >> we have looked into this and the tax policy center says you can't make the math work. paul ryan's claim that you can cut it 20% across the board and keep it intact all of the while keeping it neutral and it says given the information available that we have about their plans is just not possible to cut that tax as much as
>> ronald reagan. >> now you're jack kennedy? >> and tax cuts and auto bailout and those are big issues that got really heated between joe biden and paul ryan at last night's vice presidential debate so i immediately thoughthe person i would have to call on this to fact check it would be christine romans and she was available. thank you. so here's the deal. it just stands to reason that they both seem to say something with such confirmation in their voices and it's hard to say...
125
125
Oct 12, 2012
10/12
by
FOXNEWSW
tv
eye 125
favorite 0
quote 0
>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the board. what we are saying -- >> i hope i get time to respond-- >>> you will get time. >> we want to work with congress on how best to achieve this. >> martha: no specifics? >> lower tax rates 20%, start with the wealthy. work with congress to do it? >> martha: you guarantee this math will add up. >> six studies have guaranteed and verified. >> martha: vice-president -- [overlapping dialogue] >> let me translate. let me have a chance to translate. >> first of all, i was there when ronald reagan tax rates and he gave specifics of what he was going to cut, number 1 nterms of tax expen
>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the...
312
312
Oct 12, 2012
10/12
by
KGO
tv
eye 312
favorite 0
quote 0
ronald reagan -- >> oh. now, you're jack kennedy. >> reporter: vice president joe biden and republican challenger, paul ryan, delivered stark difference on domestic and foreign policy. including how to fix the economy. >> we're going in the wrong direction. look at where we are. the economy is barely limping along. >> it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their own lives. they pay more effective tax than governor romney pays in his federal income tax. >> reporter: ryan went after president obama for his response to the u.s. consulate attack in libya. >> it took the president two weeks to acknowledge that this was a terrorist attack. >> reporter: while biden challenged ryan's proposed changes to medicare. >> you are jeopardizing the program. you're changing the program from a guaranteed benefit. >> reporter: it was a more heated back and forth than the first presidential debate. and biden often laughed at ryan's arguments. >> joe bide
ronald reagan -- >> oh. now, you're jack kennedy. >> reporter: vice president joe biden and republican challenger, paul ryan, delivered stark difference on domestic and foreign policy. including how to fix the economy. >> we're going in the wrong direction. look at where we are. the economy is barely limping along. >> it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their own lives. they pay more effective...
311
311
Oct 14, 2012
10/12
by
KGO
tv
eye 311
favorite 0
quote 0
>> reporter: when president ronald reagan uttered that one line. president obama hopes that one exception is the only one. >> that debate. what happened? >> coverager romney had a good night. i had a bad night. >> how bad? >> it's not the first time i had a bad night. what is important is the fundamental of what this race is about haven't changed. >> karl rove wrote that the first debate will be seen as the decision point in this election. do we make too big a deal out of debates? or does mr. rove have a point? >> we make too big a deal in that it's hard to argue that debates test or reveal aptitudes that are pertinent to the performance of presidential duties. debates are now semiconstitutional events. you cannot become president without participating. clearly, in close elections, '60, '76, 2000, it's plausible to say they caused enough change to be the margin of difference. with regard to this year's, it's too soon to say whether the surge mitt romney got from his debate performance is enough or not. if it is durable, it will be because what happ
>> reporter: when president ronald reagan uttered that one line. president obama hopes that one exception is the only one. >> that debate. what happened? >> coverager romney had a good night. i had a bad night. >> how bad? >> it's not the first time i had a bad night. what is important is the fundamental of what this race is about haven't changed. >> karl rove wrote that the first debate will be seen as the decision point in this election. do we make too big...
185
185
Oct 8, 2012
10/12
by
FOXNEWSW
tv
eye 185
favorite 0
quote 0
he was channeling ronald reagan. he was making a speech that talked about not just with pretty words but with policies, where he understands america can use the economic power to influence events and help shape world events, use our economic power in the sense of phone aid, if we get it, we want something back. but he talked about american military, he talked about, for example, putting aircraft carrier groups and men in the gulf, using economic warfare against iran using sanctions, tightening the sanctions and he realizes like reagan, that the notion of peace through strength is not just a throw away line but have a strong military so you never have to use it because no one picks a fight with you. >>eric: let me give you another soundbite talking about cutting off aid to egypt if we need to. that was in the introduction, sorry. we also have one where he talked about potentially how we should deal with libya. are you satisfied with what you heard? >>guest: what he has talked about doing is understanding events have h
he was channeling ronald reagan. he was making a speech that talked about not just with pretty words but with policies, where he understands america can use the economic power to influence events and help shape world events, use our economic power in the sense of phone aid, if we get it, we want something back. but he talked about american military, he talked about, for example, putting aircraft carrier groups and men in the gulf, using economic warfare against iran using sanctions, tightening...
186
186
Oct 13, 2012
10/12
by
KPIX
tv
eye 186
favorite 0
quote 0
from harry truman to ronald reagan, now the carpenter's grandson is selling about a 1,000 hand me downs, they include a lighter, john f. kennedy's baby pin, and a wooden post from 1814 when the british set fire to the white house. some of the starting bids as high as $12,000. >>> thanks for joining us this morning. ,,,,,,,,
from harry truman to ronald reagan, now the carpenter's grandson is selling about a 1,000 hand me downs, they include a lighter, john f. kennedy's baby pin, and a wooden post from 1814 when the british set fire to the white house. some of the starting bids as high as $12,000. >>> thanks for joining us this morning. ,,,,,,,,
142
142
Oct 12, 2012
10/12
by
WMAR
tv
eye 142
favorite 0
quote 0
. >> ronald reagan -- >> reporter: at the end, each man summed up and both chose to attack. >> my friend says that 30% of the american people are takers. romney points out 47% of the people won't take responsibility. he's talking about my mother and father. talking about the places i grew up, my neighbors. he's talking about, he's talking about the people that built this country. all they're looking for is an even shot. >> president obama, he had his chance. he made his choices. this is not what a real recovery looks like. you deserve better. mitt romney and i want to earn your support. we're offering real reforms for a real recovery for every american. >> at least it was a lot better watch than the romney/obama. meanwhile hashtag mularkey is trending nationwide. and martha raddatz has received 80,000 twitter mentions, some saying martha for vice president. >>> next, our political insiders are going to tell us who made the grade tonight. [ feedback ] attention, well, everyone. you can now try snapshot from progressive free for 30 days. just plug this into your car, and your good driving
. >> ronald reagan -- >> reporter: at the end, each man summed up and both chose to attack. >> my friend says that 30% of the american people are takers. romney points out 47% of the people won't take responsibility. he's talking about my mother and father. talking about the places i grew up, my neighbors. he's talking about, he's talking about the people that built this country. all they're looking for is an even shot. >> president obama, he had his chance. he made his...
175
175
Oct 12, 2012
10/12
by
KTVU
tv
eye 175
favorite 0
quote 0
ronald reagan. >> as for which candidate won the debate it seems to be a bit of a tossup with some polls giving a slight advantage to ryan. others to biden. a watch party of students turned out for this historic debate between two catholic vice presidential candidates. >> i am catholic and it's nice to hear them say they are practicing. but i think a lot of the policy they forget about their religion. >> even this campus only about 50 students showed up to watch the vice presidential debate. there were plenty of empty seats. >>> president obama watched the vice presidential debate on air force one as he was returning to washington from a campaign visit from florida. following the debate the president told reporters he thought joe biden was terrific and already called the vice president to congratulate him. mitt romney watched the debate at his hotel room in ashville, north carolina. the campaign spokesman said he called paul ryan immediately after the debate to congratulate him. on our website at ktvu.com we posted more video of last nights debate. look for the world and u.s. news tan ri
ronald reagan. >> as for which candidate won the debate it seems to be a bit of a tossup with some polls giving a slight advantage to ryan. others to biden. a watch party of students turned out for this historic debate between two catholic vice presidential candidates. >> i am catholic and it's nice to hear them say they are practicing. but i think a lot of the policy they forget about their religion. >> even this campus only about 50 students showed up to watch the vice...
135
135
Oct 12, 2012
10/12
by
KOFY
tv
eye 135
favorite 0
quote 0
. >> robbed reagan. >> now you are jack kennedy. >> ronald reagan. >> plenty of heat. biden showed more emotion tonight and personality but i think who you believe won the debate? probably depend on your political point of view unless you include abc martha. she was clearly the best moderator so far. fichlt thanks. social media came alive tonight as well as the two candidates duke it out. twitter says the debate generated 3 and half million tweet. biden now you are jack kennedy line generated 58,000. the minute it was by far the most tweeted remark. over all though the debate didn't create as much traffic as the presidential one 10.3 million tweet. >> president obama and mitt romney meet in their second doe bait next tuesday in new york this one will be town hall meeting format. we'll carry it live starting at 6:00 p.m. >>> all right. you may know heart break in oakland tonight. unfortunately the a's incredible run in the play offs comes to an end. >> couldn't pull off a win in the game 5 of the series and larry is here now. >> kind of a bumper. especially after last n
. >> robbed reagan. >> now you are jack kennedy. >> ronald reagan. >> plenty of heat. biden showed more emotion tonight and personality but i think who you believe won the debate? probably depend on your political point of view unless you include abc martha. she was clearly the best moderator so far. fichlt thanks. social media came alive tonight as well as the two candidates duke it out. twitter says the debate generated 3 and half million tweet. biden now you are jack...
209
209
Oct 14, 2012
10/12
by
KPIX
tv
eye 209
favorite 0
quote 0
they were collected by a man with a carpenter there for 33 years from trueman to ronald reagan. now that carpenter's grandson is selling about 1,000 hand me downs and they include trueman's lighter and kennedy jr.'s monogrammed baby pin. also a burnt wooden post from 114 when the british set fire to the -- 1814 when the british set fire to the white house. it was done during reconstruction. some of the starting bids were as high as $12,000. that's pretty cool. >>> all right we're going leave you now with live pictures near bald win hills the los angeles suburb where the endeavour is now -- running some three hours behind schedule. but a sight to behold and it's sort of the impromptu parade down in southern california where millions of people will be visiting it at the museum. do you think they could have navigated the streets of san francisco with us? >> what about almost bard? they removed trees. >> they did. they planted more in place of them. >> but they can't move the buildings. >> they can't. >> that's their challenge. >> all right. >> that's it for eyewitness news at 5:30.
they were collected by a man with a carpenter there for 33 years from trueman to ronald reagan. now that carpenter's grandson is selling about 1,000 hand me downs and they include trueman's lighter and kennedy jr.'s monogrammed baby pin. also a burnt wooden post from 114 when the british set fire to the -- 1814 when the british set fire to the white house. it was done during reconstruction. some of the starting bids were as high as $12,000. that's pretty cool. >>> all right we're going...
156
156
Oct 12, 2012
10/12
by
KGO
tv
eye 156
favorite 0
quote 0
. >> robbed reagan. >> now you are jack kennedy. >> ronald reagan. >> plenty of heat. biden showed more emotion tonight and personality but i think who you believe won the debate? probably depend on your political point of view unless you include abc martha. she was clearly the best moderator so far. fichlt thanks. social media came alive tonight as well as the two candidates duke it out. twitter says the debate generated 3 and half million tweet. biden now you are jack kennedy line generated 58,000. the minute it was by far the most tweeted remark. over all though the debate didn't create as much traffic as the presidential one 10.3 million tweet. >> president obama and mitt romney meet in their second doe bait next tuesday in new york this one will be town hall meeting format. we'll carry it live starting at 6:00 p.m. >>> all right. you may know heart break in oakland tonight. unfortunately the a's incredible run in the play offs comes to an end. >> couldn't pull off a win in the game 5 of the series and larry is here now. >> kind of a bumper. especially after last n
. >> robbed reagan. >> now you are jack kennedy. >> ronald reagan. >> plenty of heat. biden showed more emotion tonight and personality but i think who you believe won the debate? probably depend on your political point of view unless you include abc martha. she was clearly the best moderator so far. fichlt thanks. social media came alive tonight as well as the two candidates duke it out. twitter says the debate generated 3 and half million tweet. biden now you are jack...
94
94
Oct 12, 2012
10/12
by
FBC
tv
eye 94
favorite 0
quote 0
>> i think he might, he might take cues in a since of knowing how ronald reagan approached the debate to maintain a friendly disposition to be alert to the questions, and respond appropriately. and also to be very polite, and to be the gentlemen he always was. neil: ed, i am wondering, as a former attorney general, now, a lot of legal questions raised about the benghazi blow up, what the administration knew, many are demanding to see cables from ambassador stephens that they think shows he was concerned about his safety, that it could blow up, and legally it should be investigated, and warrant the hiring of a special prosecutor. do you think it blows up to be that big of an issue, and do you think it will come up in this debate. >> it may come up, i think that the administration is in a very tough position, they have two answers, which were not good, one is they were incompetent the other, they were lying. neil: true to your word, keeping it straight and simple like your old boss. if it takes away from this administration. you heard from time again from vice president that osama bin l
>> i think he might, he might take cues in a since of knowing how ronald reagan approached the debate to maintain a friendly disposition to be alert to the questions, and respond appropriately. and also to be very polite, and to be the gentlemen he always was. neil: ed, i am wondering, as a former attorney general, now, a lot of legal questions raised about the benghazi blow up, what the administration knew, many are demanding to see cables from ambassador stephens that they think shows...
101
101
Oct 12, 2012
10/12
by
CNNW
tv
eye 101
favorite 0
quote 0
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to work with congress, that means specifically. >> no specific. >> what we're saying is lower tax rates 20%. >> and you guarantee this math will add up. >> six studies have guaranteed and said this math adds up. >> let me translate. >> i'll come back in a second, right? >> i was there when ronald reagan you gave tax rates, he gave specifics of what he would cut in terms of taxan expenditures. 90% of small businesses in america make less than 250,000. let me tell you who other small businesses are. hedge funds, that make $600, $800 million a year. that will count as small b
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to...
274
274
Oct 10, 2012
10/12
by
FOXNEWSW
tv
eye 274
favorite 0
quote 0
this is similar to ronald reagan in 1980. jimmy carter went out and tagged him as reckless all the rest of it. once people saw reagan in the debate all of sudden the tide turned and he won a dramatic landslide. this could happen this time. i'm not predicting landslide but predicting a a victory. bill: two days ago i watched upstairs watching a monitor, you pointed to it and said he is already a different person. what do you see in mitt romney? >> i think obviously when you've been down and beat up and you have a little disarray in your campaign and your family is worried how it is being run a big vick gets you in a different mindset. he senses the crowd. he fees it. he feels he can win. i think that is always reencouraging to a candidate. bill: gives him more confidence. >> absolutely. bill: ill will get to tomorrow night's debate in a moment here. look what is happening in new hampshire. what was it a week ago? mitt romney was down 15 points. according to the latest poll. look to the far right of your screen. blue is obama,
this is similar to ronald reagan in 1980. jimmy carter went out and tagged him as reckless all the rest of it. once people saw reagan in the debate all of sudden the tide turned and he won a dramatic landslide. this could happen this time. i'm not predicting landslide but predicting a a victory. bill: two days ago i watched upstairs watching a monitor, you pointed to it and said he is already a different person. what do you see in mitt romney? >> i think obviously when you've been down...
175
175
Oct 12, 2012
10/12
by
CSPAN
tv
eye 175
favorite 0
quote 0
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage of is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> he is wrong about that. >> not mathematically possible. >> it has been done before. >> it has never been done before. >> it has been done a couple of tim
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage...
298
298
Oct 12, 2012
10/12
by
KGO
tv
eye 298
favorite 0
quote 0
. >> robbed reagan. >> now you are jack kennedy. >>onald reagan. ronald reagan. >> plenty of heat. biden showedt and more emotion tonighd personality but i think who you believe won the debate? probably depend on your political point of view unless you include abc martha. she was clearly the best moderator so far. fichlt thanks. social media came alive tonight as well as the two candidates duke it out. twitter says the debate generated 3 and half million tweet. biden now you are jack kennedy line generated 58,000. the minute it was by far the most tweeted remark. over all though the debate didn't create as much traffic as the presidential one 10.3 million tweet. >> president obama and mitt romney meet in their second doe bait next tuesday in new york this one will be town hall meeting format. we'll carry it live starting at 6:00 p.m. >>> all right. you may know heart break in oakland tonight. unfortunately the a's incredible run in the play offs comes to an end. >> couldn't pull off a win in the game 5 of the series and larry is here now. >> kind of a bumper. especially after last
. >> robbed reagan. >> now you are jack kennedy. >>onald reagan. ronald reagan. >> plenty of heat. biden showedt and more emotion tonighd personality but i think who you believe won the debate? probably depend on your political point of view unless you include abc martha. she was clearly the best moderator so far. fichlt thanks. social media came alive tonight as well as the two candidates duke it out. twitter says the debate generated 3 and half million tweet. biden now...
207
207
Oct 12, 2012
10/12
by
MSNBC
tv
eye 207
favorite 0
quote 0
>> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is, deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of taxation. >> can i translate? >> so we can lower tax rates across the board. here's why i'm saying this. what we're saying -- >> i hope i'm going to get time to respond to this. >> you'll get time. >> we want to work with the congress on how best to achieve this. that means successful. >> no specifics -- >> what we're saying is lower tax rates 20%. start with the wealthy, work with congress to do it. >> you guarantee this math will add up? >> absolutely. six studies guaranteed, verified this math adds up. >> vice president biden? >> let me translate. let m
>> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is, deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of...
279
279
tv
eye 279
favorite 0
quote 0
reagan in 1984. >> i did avoid, i'm afraid, in my previous answer also. >> reporter: president obama seemed to have initially thought all went well that night. >> this was a terrific debate. >> reporter: but quickly after he left the stage, he talked to aides and realized he had not brought his "a" game. "this is on me," he later told top advisers, and since then, he's been studying the video of that night with the goal of a more energetic and crisp performance. while the obama campaign dismisses it, other top democrats say pressure is now on vice president biden. a win by congressman paul ryan could create a dynamic of energized challengers squaring off against tired incumbents. and, diane, vice president biden is in debate prep holed off in a delaware hotel reading the book that ryan co-authored, "young guns" and practicing some of the attack lines the president did not use. there is more room for vice presidential candidates to use those attack lines because their approval ratings do not matter as much. diane? >> jake, as you said, the pressure really on, and governor romney tried
reagan in 1984. >> i did avoid, i'm afraid, in my previous answer also. >> reporter: president obama seemed to have initially thought all went well that night. >> this was a terrific debate. >> reporter: but quickly after he left the stage, he talked to aides and realized he had not brought his "a" game. "this is on me," he later told top advisers, and since then, he's been studying the video of that night with the goal of a more energetic and crisp...
214
214
Oct 12, 2012
10/12
by
CNNW
tv
eye 214
favorite 0
quote 0
ronald reagan, six years during his tax reform we went from $600 billion to $1 trillion worth of revenue. that's a 67% increase. even george bush's tax cuts, in 2003, federal revenue was a little under $1.8 trillion. before the housing vote, $2.5 trillion. that's a 42% increase in revenue to the federal government. lowering marginal tax rates is incentivizing. >> i hear you on that. what people are taking exception to is without details, as a taxpayer, of what's on the table and what's off the table, it's a very easy way to throw out numbers without necessarily being having to be responsible for the math working out. i mean i thought martha raddatz did a very good job on this. she's sort of like you're not again going to give specifics. and chris wallace -- >> you are giving specifics as you're giving directions to congress. this is what ceos do. listen, as you design this, make sure that people making $200,000 will not have their tax burden lowered. but we're going to lower their marginal tax rate because that produces inseverives for them to create jobs. for people making less than $20
ronald reagan, six years during his tax reform we went from $600 billion to $1 trillion worth of revenue. that's a 67% increase. even george bush's tax cuts, in 2003, federal revenue was a little under $1.8 trillion. before the housing vote, $2.5 trillion. that's a 42% increase in revenue to the federal government. lowering marginal tax rates is incentivizing. >> i hear you on that. what people are taking exception to is without details, as a taxpayer, of what's on the table and what's...
115
115
Oct 12, 2012
10/12
by
CNN
tv
eye 115
favorite 0
quote 0
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is deny those so that more of their income is taxed -- >> can i translate sf. >> so we get to lower tax rates across the board. here's why i'm saying this. >> i hope i'm getting a timed response. >> you'll get time. >> we want to work with congress on how best to achieve this. that means successful -- >> no specifics, again. >> what we're saying is lower tax rates 20%. start with the wealthy. work with congress. >> can you guarantee this math will add up? >> absolutely. >> six study advisory guaranteed. six study advisory verified this math adds up. >> vice president biden. vice president biden. >> let me translate. let me have a chance to translate. >> i'll come back in a second then, right? >> i was there when ronald reagan --
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is deny those so that more of their income is taxed -- >> can i translate sf. >> so we get to lower tax rates across the board. here's why i'm saying this. >> i...
179
179
Oct 12, 2012
10/12
by
CSPAN
tv
eye 179
favorite 0
quote 0
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses pay less than -- make less than $250,000. adds funds -- hedge funds that makes $600 million a year. let's look at how sincere they are. governor romney, 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 paid more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the study, the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion and loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> she is wrong about that. you can still preserve these -- he is wrong about that. >> not mathematically possible. >> it has been
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses pay less than -- make less than $250,000. adds funds -- hedge funds that makes $600 million a year. let's look at how sincere they are. governor romney, 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 paid more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take...
121
121
Oct 7, 2012
10/12
by
MSNBC
tv
eye 121
favorite 0
quote 0
nixon was better in the second, gerald ford came back, ronald reagan came back after the disaster. and one assumes that president obama is doing the homework to make sure it happens. >> so johnathan, giving what larry describes here, does this mean the president has to come back and do just a solid debate performance or does he have to blow the socks off this one? >> just a solid performance. you know, he does have a lead, he lost, at most, two points. one to two points out of this last week, so he is going to be going in at this next debate, unless something else happens, which is not likely. you know, with a four-point lead, possibly. so if he can just deliver a solid performance, he will be fine. the danger for him is over compensating. so they talked about al gore, when he was sighing, and demeanor was not good, gore over-compensated again in the third debate, so that is something that people who have had a poor debate performance have to worry about. >> larry, i want to ask you about this very quickly, the next debate style will be town hall. we talked about how the president
nixon was better in the second, gerald ford came back, ronald reagan came back after the disaster. and one assumes that president obama is doing the homework to make sure it happens. >> so johnathan, giving what larry describes here, does this mean the president has to come back and do just a solid debate performance or does he have to blow the socks off this one? >> just a solid performance. you know, he does have a lead, he lost, at most, two points. one to two points out of this...
169
169
Oct 12, 2012
10/12
by
CURRENT
tv
eye 169
favorite 0
quote 0
>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board -- >> biden: i hope i'm going to get time to respond -- >> you'll get time. >> ryan: we want to work on how to achieve this -- >> no specifics, then. >> ryan: lower tax rates 20%, start with the wealthy -- >> can you guarantee this math will add up. >> ryan: six studies have verified that this will add up -- >> vice president biden. >> biden: let me have a chance to translate. ronald reagan gave specifics to what he was going to cut number one in terms of tax expenditures. number two 90% of the small businesses in america make less than $250,000. let me tell you who some of
>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board --...
1,036
1.0K
Oct 12, 2012
10/12
by
WUSA
tv
eye 1,036
favorite 0
quote 0
>> first of all, i was there with ronald reagan. he gave specific to what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small business in america pay less than-- make less than $250,000. let me teal you who some of other small businesses are, hedge funds that make 600, 800 million a year. that's who they count as small business because they're pass-through. let's look at how sincere they e.e. governor romney on "60 minutes--" i guess it was about 10 days ago-- was asked, governor you pay 14% on $20 million. someone making $50,000 pays more than that. do you think that's fair? he said oh, yes, that's they are, that's fair. and they're going-- you think these guys are going to go out there and cut those loopholes. the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. there's not enough it's reason why the a.a.i. study, the american enterprise institute study, the tax policy study, the reason they say taxes will go up on the mid
>> first of all, i was there with ronald reagan. he gave specific to what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small business in america pay less than-- make less than $250,000. let me teal you who some of other small businesses are, hedge funds that make 600, 800 million a year. that's who they count as small business because they're pass-through. let's look at how sincere they e.e. governor romney on "60 minutes--" i guess it...
204
204
Oct 9, 2012
10/12
by
FOXNEWSW
tv
eye 204
favorite 0
quote 0
ronald reagan had the right instincts. mitt romney has the right instincts about american leadership. that does not mean he goes and tries to find wars to fight. but it does -- he does understand in sharp contrast to barak obama the role of america and leading from in front. as he said in his speech, if america doesn't lead, who does lead? and of course, barak obama has said time and time again that we lead from behind. and you look across the middle east and there is example after example of that. >> gretchen: it's an interesting time. 28 days until the election. who would have hunk last week we would be looking at the polls we're looking at this week with two more debates to go. >> i think gretchen, an appropriate response to that is a big bird ad. what? what is that all about? i mean, you know. and by the way, on a serious note, this business of just going out and calling a candidate for the president of the united states a liar, just say liar, liar, you know, that, in my view, and i've watched a lot of campaigns, as yo
ronald reagan had the right instincts. mitt romney has the right instincts about american leadership. that does not mean he goes and tries to find wars to fight. but it does -- he does understand in sharp contrast to barak obama the role of america and leading from in front. as he said in his speech, if america doesn't lead, who does lead? and of course, barak obama has said time and time again that we lead from behind. and you look across the middle east and there is example after example of...
170
170
Oct 10, 2012
10/12
by
CNBC
tv
eye 170
favorite 0
quote 0
. >> you know what tax revenue did under ronald reagan? it went up 100% even though they cut taxes dramatically. tax revenue doubled in eight years. don't forget, you can catch the vice presidential debate tomorrow night here on cnbc beginning at 7:00 p.m. eastern time. >> let's go to jackie deangelis with this market flash. >> good afternoon, guys. taking a look at shares of walmart. of course, it hit record highs earlier in the session. coming off just a little bit. despite the fact that earlier the cfo reiterated fiscal 2013 sales guidance, maybe investors were looking for him to boost that up. he did reduce cap ex spending for 2013. the new reach, 12 to $13 billion. that could have something to do with it as well. the stock still higher on the day. just a little bit of a selloff. bill. >> i think those costco numbers helped the retailers today as well. a lot of the big box retailers doing well today. we're headi ining toward the cl. about 25 minutes left. we're hovering near the lows of the session with the dow down more than 130 point
. >> you know what tax revenue did under ronald reagan? it went up 100% even though they cut taxes dramatically. tax revenue doubled in eight years. don't forget, you can catch the vice presidential debate tomorrow night here on cnbc beginning at 7:00 p.m. eastern time. >> let's go to jackie deangelis with this market flash. >> good afternoon, guys. taking a look at shares of walmart. of course, it hit record highs earlier in the session. coming off just a little bit. despite...
141
141
Oct 12, 2012
10/12
by
CURRENT
tv
eye 141
favorite 0
quote 0
>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions, so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board -- >> biden: i hope i'm going to get time to respond -- >> you'll get time. >> ryan: we want to work on how to achieve this -- >> no specifics, then. >> ryan: lower tax rates 20%, start with the wealthy -- >> can you guarantee this math will add up. >> ryan: six studies have verified that this will add up -- >> vice president biden. >> biden: let me have a chance to translate. ronald reagan gave specifics to what he was going to cut number one in terms of tax expenditures. number two 90% of the small businesses in america make less than $250,000. let me tell you who some of
>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions, so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board --...
127
127
Oct 12, 2012
10/12
by
WMAR
tv
eye 127
favorite 0
quote 0
ronald reagan -- >> oh, now you're jack kennedy? >> reporter: biden went right at ryan over mitt romney's controversial comments calling 47% of americans who don't pay income taxes irresponsible. >> the idea, if you heard that, that little sol little quill on 47%, you think he just made a mistake, then i got a bridge to sell you. >> i think the vice president very well knows sometimes the words don't come out of your mouth the right way. >> but i always say what i mean. >> reporter: when biden wasn't talking, he seemed oddly amused. by our count -- smiling or breaking out in laughter 92 separate times. expressive, often interrupting and occasionally personal. >> this is a bunch of stuff. look, here's the deal. >> what does that mean, a bunch of stuff? >> well, it means it's simply inaccurate. >> it's irish. >> it -- it is. we irish call it malarkey. >> thanks for the translation. >> reporter: and ryan needled ryan over the president's performance in last week's debate. >> i know you're under a lot of duress to make up for lost groun
ronald reagan -- >> oh, now you're jack kennedy? >> reporter: biden went right at ryan over mitt romney's controversial comments calling 47% of americans who don't pay income taxes irresponsible. >> the idea, if you heard that, that little sol little quill on 47%, you think he just made a mistake, then i got a bridge to sell you. >> i think the vice president very well knows sometimes the words don't come out of your mouth the right way. >> but i always say what i...